HOU ARCHIVED June 2017 | Page 6

Market Action Report
June 2017
County: Fort Bend
FORT
BEND
Market Action Report
Agent Name
Title
Phone
Agent
Name
Website
Title Other
Phone
Trending versus*:
Month
LM L3M PYM
LY
Website
$1,299,690
-3%
-5%
Other
June 2017
Community
| School District
County: Fort Information
Bend
Price Range: $1,000,000 and Up | Properties: SFH - Con
Market Profile & Trends Overview
Median List Price of all Current Listings
Price Range: $1,000,000 and Up | Properties: SFH - Con
Trending versus*:
Prior YTD Prior Year
YTD
$1,552,556 Trending
-4%
-4%
versus*:
Trending versus*:
Month
LM 3%
L3M -6%
PYM -11%
LY -6%
YTD
Prior YTD 0%
Prior Year 2%
$1,204,750
$1,300,000
$1,299,690
-3%
-5%
$1,659,724 1% -33% 8% 14% $2,228,769
52%
53%
Average
List Price Currently
of all Current
$1,552,556 130
-4% 4%
-4% 35%
Total Properties
for Listings
Sale (Inventory)
June
Sales
Price
$1,204,750 3%
-6% -11% -27%
-6% $1,300,000
0% 14% 2%
June Median
Number
of Properties
Sold
8 14%
33
June
Average
Sales
Price
$1,659,724
1%
-33%
8%
14%
$2,228,769
52%
June Average Days on Market (Solds)
158 163% 70% 119% 26%
105 -20% 53% -16%
Total Properties Currently for Sale (Inventory)
130
4%
35%
Asking Price per Square Foot (based on New Listings)
$237 -4% -3% -8% -18%
$252
4%
-13%
June Number of Properties Sold
8 14%
-27%
33
14%
June Sold Price per Square Foot
$263 18% -57% 21% 18%
$519
137%
132%
June Average Days on Market (Solds)
158 163% 70% 119% 26%
105 -20%
-16%
June Month's Supply of Inventory
16.3 -9% -3% 86% -23%
21.9 -15%
3%
Asking Price per Square Foot (based on New Listings)
$237 -4% -3% -8% -18%
$252
4%
-13%
June Sale Price vs List Price Ratio
90.6% -1.6% -2.9% -.1% -1.7%
92.0%
1%
-0%
June
Sold Price per Square Foot
$263 18% -57% 21% 18%
$519
137%
132%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
June Month's Supply of Inventory
16.3 -9% -3% 86% -23%
21.9 -15%
3%
of Properties
June Sale Price vs List Price Ratio
90.6% -1.6% -2.9% -.1% Number
-1.7%
92.0%
1% Sold -0%
Average List Price of all Current Listings
Market
Profile
& Trends
June Median
Sales
Price Overview
Median
List
Price
of
all
Current Listings
June Average Sales Price
3 Mo Avg
Property
Sales 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
* LM=Last
Month / L3M=Last
12
June Property sales were 8, down 27.3% from 11 in June of 2016
and 14.3% higher than the 7 sales last month. June 2017 sales
10
Property
Sales
were at their
lowest level compared to June of 2016 and 2015. 12
June
sales
were
down 27.3%
from
11 in of June
2016 year-
June Property
YTD sales
of 33
are 8, running
13.8%
ahead
last of
year's
8
and
14.3%
higher
than the 7 sales last month. June 2017 sales
to-date
sales
of 29.
10
were at their lowest level compared to June of 2016 and 2015.
6
June YTD sales of 33 are running 13.8% ahead of last year's year-
8
to-date sales of 29.
4
6
6
4
J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J
14
15
16
17
0
0
2
3 Mo Avg
2
4
Number of Properties Sold
J A S O N D J F M A
M J J A Sales
S O N
D J and
F M A Average
M J J A Sales
S O N Price
D J F M A M J
Median
Price
Prices
3 Mo Avg
14
15
16
17
The Median Sales Price in June was $1,204,750, down 10.8%
9,000
from $1,350,000 in June of 2016 and up 2.5% from $1,175,000
Median Sales Price and Average Sales Price
Prices
3 Mo Avg
last Median
month. Sales
The Price
Average
Sales was
Price
in June was
$1,659,724,
up 8,000
The
in June
$1,204,750,
down
10.8%
9,000
8.1% $1,350,000
from $1,534,909
2016
0.6%
from
from
in June in
of June
2016 of and
up and
2.5% up
from
$1,175,000
7,000
$1,650,532
last Average
month. Sales
June Price
2017 in
ASP
was
at $1,659,724,
the highest up
level 8,000
last
month. The
June
was
6,000
compared
to June of in
2016
and
2015. and up 0.6% from
8.1%
from $1,534,909
June
of 2016
7,000
5,000
$1,650,532 last month. June 2017 ASP was at the highest level
6,000
compared to June of 2016 and 2015.
4,000
5,000
3,000
4,000
2,000
3,000
2,000 1,000
J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J
1,000
14
15
16
17
J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J
14
15
16
17
100 80
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| © coldwellbankerluxury.com
CB United, Realtors | Price Range: $1,000,000 and Up | Property Types: SFH - Con
80 60
A comparatively lower MSI is more beneficial for sellers while a 60 40
MSI is better
June 2017
MSI of
16.3 a
A higher
comparatively
lower for
MSI buyers.
is more The
beneficial
for sellers
while
40 20
months
was
its highest
level The
compared
with
June
of 2016 and
higher
MSI
is at
better
for buyers.
June 2017
MSI
of 16.3
20 0
months
2015. was at its highest level compared with June of 2016 and
0
2015.
J
14
Copyright © CB United, Realtors | Price Range: $1,000,000 and Up | Property Types: SFH - Con
Data is provided courtesy of Houston Association of REALTORS and may not reflect all relevant real estate activity. CB United, Realtors
Data is provided courtesy of Houston Association of REALTORS and may not reflect all relevant real estate activity. CB United, Realtors
does not warrant or guarantee the accuracy of this information. It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer’s real estate transaction.
does not warrant or guarantee the accuracy of this information. It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer’s real estate transaction.
80.0
70.0
60.0
50.0
40.0
30.0
20.0
10.0
J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A 0.0 M J
A 14 S O N D J F 15
M A M J J A S O N D J F M 16 A M J J A S O N D J F M 17
A M J
15
16
17
compared with June of 2016 and 2015.
Total Inventory & M